URGENT/ACTION REQUESTED
[16468]
August 25, 2003
TO: COMPLIANCE ADVISORY COMMITTEE No. 63-03
INTERNATIONAL COMMITTEE No. 55-03
INTERNATIONAL OPERATIONS ADVISORY COMMITTEE No. 35-03
MONEY LAUNDERING RULES WORKING GROUP No. 52-03
PRIMARY CONTACTS - MEMBER COMPLEX No. 67-03
TRANSFER AGENT ADVISORY COMMITTEE No. 78-03
RE: OFAC UPDATE
The Office of Foreign Assets Control (OFAC) has updated its list of specially designated
global terrorists (SDGTs). Please note the following updates:1
AL TAQWA TRADE, PROPERTY AND INDUSTRY (n.k.a. AL TAQWA
TRADE, PROPERTY AND INDUSTRY COMPANY LIMITED; a.k.a. AL TAQWA
TRADE, PROPERTY AND INDUSTRY ESTABLISHMENT; a.k.a. HIMMAT
ESTABLISHMENT), c/o Asat Trust Reg., Altenbach 8, Vaduz 9490, Liechtenstein
[SDGT] -to- AL TAQWA TRADE, PROPERTY AND INDUSTRY (a.k.a. AL
TAQWA TRADE, PROPERTY AND INDUSTRY COMPANY LIMITED; a.k.a. AL
TAQWA TRADE, PROPERTY AND INDUSTRY ESTABLISHMENT; a.k.a.
HIMMAT ESTABLISHMENT; n.k.a. WALDENBERG, AG), c/o Asat Trust Reg.,
Altenbach 8, Vaduz 9490, Liechtenstein; Via Posero, 2, 22060 Campione d’Italia,
Italy [SDGT]
AL TAQWA TRADE, PROPERTY AND INDUSTRY COMPANY LIMITED
(f.k.a. AL TAQWA TRADE, PROPERTY AND INDUSTRY; f.k.a. AL TAQWA
TRADE, PROPERTY AND INDUSTRY ESTABLISHMENT; f.k.a. HIMMAT
ESTABLISHMENT), c/o Asat Trust Reg., Altenbach 8, Vaduz 9490, Liechtenstein
[SDGT] -to- AL TAQWA TRADE, PROPERTY AND INDUSTRY COMPANY
LIMITED (a.k.a. AL TAQWA TRADE, PROPERTY AND INDUSTRY; a.k.a. AL
TAQWA TRADE, PROPERTY AND INDUSTRY ESTABLISHMENT; a.k.a.
1 OFAC regulations require US persons, including investment companies, to block all accounts and assets of persons
or entities named by OFAC. For an overview of OFAC regulations and a description of the various measures that
mutual fund organizations may wish to consider adopting to ensure compliance with those regulations, refer to the
Institute’s paper entitled “Foreign Assets Control Compliance for Mutual Funds.” This paper is available on the
Institute’s members’ website at http://members.ici.org. The members’ website is password-protected; staff at
Institute member firms may request access codes by filling out the enrollment form on the website.
2
HIMMAT ESTABLISHMENT; n.k.a. WALDENBERG, AG), c/o Asat Trust Reg.,
Altenbach 8, Vaduz 9490, Liechtenstein; Via Posero, 2, 22060 Campione d’Italia,
Italy [SDGT]
AL TAQWA TRADE, PROPERTY AND INDUSTRY ESTABLISHMENT (a.k.a.
AL TAQWA TRADE, PROPERTY AND INDUSTRY; n.k.a. AL TAQWA TRADE,
PROPERTY AND INDUSTRY COMPANY LIMITED; a.k.a. HIMMAT
ESTABLISHMENT), c/o Asat Trust Reg., Altenbach 8, Vaduz 9490, Liechtenstein
[SDGT] -to- AL TAQWA TRADE, PROPERTY AND INDUSTRY
ESTABLISHMENT (a.k.a. AL TAQWA TRADE, PROPERTY AND INDUSTRY;
a.k.a. AL TAQWA TRADE, PROPERTY AND INDUSTRY COMPANY LIMITED;
a.k.a. HIMMAT ESTABLISHMENT; n.k.a. WALDENBERG, AG), c/o Asat Trust
Reg., Altenbach 8, Vaduz 9490, Liechtenstein; Via Posero, 2, 22060 Campione
d’Italia, Italy [SDGT]
HIMMAT ESTABLISHMENT (a.k.a. AL TAQWA TRADE, PROPERTY AND
INDUSTRY; n.k.a. AL TAQWA TRADE, PROPERTY AND INDUSTRY
COMPANY LIMITED; a.k.a. AL TAQWA TRADE, PROPERTY AND INDUSTRY
ESTABLISHMENT), c/o Asat Trust Reg., Altenbach 8, Vaduz 9490, Liechtenstein
[SDGT] -to- HIMMAT ESTABLISHMENT (a.k.a. AL TAQWA TRADE,
PROPERTY AND INDUSTRY; a.k.a. AL TAQWA TRADE, PROPERTY AND
INDUSTRY COMPANY LIMITED; a.k.a. AL TAQWA TRADE, PROPERTY AND
INDUSTRY ESTABLISHMENT; n.k.a. WALDENBERG, AG), c/o Asat Trust
Reg., Altenbach 8, Vaduz 9490, Liechtenstein; Via Posero, 2, 22060 Campione
d’Italia, Italy [SDGT]
Resulting in following new entry:
WALDENBERG, AG (f.k.a. AL TAQWA TRADE, PROPERTY AND INDUSTRY;
f.k.a. AL TAQWA TRADE, PROPERTY AND INDUSTRY COMPANY LIMITED;
f.k.a. AL TAQWA TRADE, PROPERTY AND INDUSTRY ESTABLISHMENT;
f.k.a. HIMMAT ESTABLISHMENT), c/o Asat Trust Reg., Altenbach 8, Vaduz
9490, Liechtenstein; Via Posero, 2, 22060 Campione d’Italia, Italy [SDGT]
The OFAC guidelines summarizing its terrorism sanctions regulations have been revised
and republished to reflect this addition, and are available on the OFAC web site,
www.treas.gov/ofac.
Robert C. Grohowski
Associate Counsel